June 7, 2017 -
Fingerprint Cards has finalized the acquisition of California-based Delta ID.
The deal for US$106 million in combined cash and debt was first announced in February, subject to regulatory approvals.
Delta ID develops and delivers a range of iris recognition solutions, including its ActiveIRIS iris recognition system for mobile phones, PCs, tablets and vehicles. ActiveIRIS system includes a cloud-based solution and is also certified for use with Aadhaar, India’s national biometric identity system.
“We are very pleased to have finalized the acquisition and that Delta ID will now become part of Fingerprints,” commented Christian Fredrikson, CEO of Fingerprint Cards. “This consolidates our leading position in the biometrics market and I am looking forward to taking the next step in the development of new exciting solutions for our customers and together making biometric authentication safer and more convenient for users.”
In other company news, the recently launched Moto Z2 Play and ZTE Nubia Z17 mobile devices feature the FPC1035 fingerprint sensor supporting FPC 360Touch, FPC OneTouch, FPC TouchNroll, FPC EvoTouch and FPC QuickTouch. As well, an unnamed Japanese OEM has introduced a new smartphone model featuring the FPC1145 fingerprint sensor supporting FPC 360Touch and FPC EvoTouch.
Fingerprint Cards also announced a new collaboration with Arrow Electronics. The partnership with the Hong Kong-based distributor will strengthen Fingerprint Cards’ position in Asia and help the company develop additional channels into new markets and application areas.
“Asia is Fingerprints’ largest market and to further strengthen our market position in this key market, we are excited to tap into the extensive relations and customer base that Arrow serves within mobile, IOT, security and automotive industries,” explained Ted Hansson, Senior Vice President, Business Line Mobile, at Fingerprint Cards.
Fingerprint Cards has partnerships with 15 distributors, the majority of which are based in Asia.
Lastly, Fingerprint Cards confirmed in a statement that its fingerprint sensors are included in orders Zwipe has secured for its biometric payment solution from two payment card players, one in Asia and one Global Tier 1 card manufacturer, scheduled for deployment later this year.